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Alpari saw significant growth in international volumes in normally-slow August.
Some follow-up to our earlier piece on Alpari’s record August volumes… The folks at Alpari have been nice enough to break out for us Alpari Russia volumes versus rest-of-the-world (mainly Alpari UK). Historically, more than 50% of the Alpari Group’s volumes have come from Russia, where Alpari has a clear #1 market position.
While Alpari Russia volumes remain strong — at $134 billion in August, Russia volumes remain well above the 2012 monthly average of $85 billion — Alpari reports even faster growth out of Alpari UK, with rest-of-world volumes hitting $146 billion in August, up 25% from July. And for the first time in 2013, Alpari did more volumes (52%) outside of Russia / CIS than in it.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.